Penford Announces New Renewable Chemical Product Line

Penford Products Co., a division of Penford Corporation PENX, today announced the launch of a new line of cost effective, natural binder products, made with Penford's proprietary technology, which replace synthetic latex used in coated paper and paperboard applications. PEN-COTE products, now available in both liquid (PEN-COTE L) and dry (PEN-COTE D) forms, can replace up to 60% of the petroleum-based latex used in coating formulations. Major producers of coated packaging and publication papers are currently successfully using these products. These products are suitable for use in food contact paper and paperboard regulated by the Food and Drug Administration.